22 Predictions for 2022

I don’t normally make predictions because the future is un-knowable and why try to predict something with low probability of success? However, I decided to take a swipe at making guesses in the personal finance arena this year and divide them into Low and High probability categories for fun. Here we go. Low Probability Predictions … Read more

7 Things to Keep in Mind if You Plan to Work in Retirement

According to a recent survey by the Transamerica Center for Retirement Studies, 57% of workers plan to work after they retire. Reasons cited for working after retirement include: To be active Wanting the income Keeping brain alert Have a sense of purpose Concern that Social Security will be less than expected Can’t afford to retire … Read more

3 Retirement Withdrawal Approaches

As a wise person once said, “If you think saving for retirement is hard, wait until you figure out how to take money out in retirement!” Yes, retirement withdrawal strategies are complicated and confusing for many reasons including: Tax issues Required Minimum Distribution (RMD) rules Social Security Un-known health care costs Potential for long term … Read more

7 Items You Need to be A Smart Investor

When I Googled the phrase “what is smart investing” I got back 381,000,000 results in less than a second. Wow. This seems to be a hot topic for many people. (Just for fun, I Googled “what is stupid investing” and received 17,200,000 results.) Let’s dig into this topic today. First, what is “smart investing”?  When … Read more

10 Reasons Retirement is Scary and What to Do About It

If you’re within five years of retirement, you probably have sleepless nights worrying about what retirement means to you. It’s okay to admit it. My un-official research shows 99.9% of pre-retirees are worried about some aspect of retirement. My research also shows that 90% of pre-retirees don’t admit it. It’s socially un-acceptable to admit you’re … Read more